Can XRP Surpass $10? Expert Explains Why You Shouldn’t Worry about Market Cap

Key Points

1. The XRP-focused account All Things XRP challenged the criticism that XRP can't reach $10 due to market cap constraints, highlighting utility, scarcity, and macroeconomic conditions as drivers of value.

2. XRP's architecture allows a $20 billion market cap to facilitate over $1 trillion in daily transactions due to its speed and efficiency, suggesting utility should drive its price.

3. Scarcity is another critical factor, with mechanisms like escrow, decentralized exchange activity, and token burns reducing XRP's supply over time.

4. Regulatory clarity in the U.S., particularly Ripple's legal developments with the SEC, is seen as a major catalyst for XRP's potential growth.

5. The expert expressed confidence in XRP reaching $10, stating that global demand makes this target achievable, not just a fantasy.